Elon Musk is now the world's first trillionaire, following SpaceX's trading debut on the Nasdaq, Israeli media report. The valuation cements Musk's lead atop global wealth rankings.
Musk's net worth crossed the trillion-dollar threshold after SpaceX's public listing on the Nasdaq, as reported by N12's Yuval Sadeh on Wednesday evening. The milestone follows the earlier 17:27 The Zioneer bulletin confirming Musk's ringing of the opening bell as shares began trading. SpaceX's IPO, the largest in history, valued the company at $1.77 trillion, with Musk's 42% stake valued at roughly $866 billion. Combined with his holdings in Tesla, X, and other ventures, his net worth now exceeds $1 trillion. No official confirmation from Musk or SpaceX was cited in the report.
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